New Jersey A 5180: Establishes certain protections for persons, providing, receiving, and allowing children to receive gender-affirming health care.

Bill Text

A5180 

ASSEMBLY, No. 5180 

STATE OF NEW JERSEY

222nd LEGISLATURE

� 

INTRODUCED JUNE 1, 2026

Sponsored by:

Assemblywoman� HEATHER SIMMONS

District 3 (Cumberland, Gloucester and Salem)

SYNOPSIS

���� Establishes Small Business Resiliency Project Loan 
Program in EDA for certain small businesses implementing certain resiliency 
projects. 

CURRENT VERSION OF TEXT 

���� As introduced.

�� 

An Act establishing the Small Business Resiliency 
Project Loan Program for certain small businesses implementing certain 
resiliency projects and supplementing P.L.1974, c.80 (C.34:1B-1 et seq.).

���� Be It 
Enacted by the Senate and General Assembly of 
the State of New Jersey:

���� 1.��� As used in P.L.���� , 
c.��������� (C.������������ ) (pending before the Legislature as this bill):

���� �Authority� means the New 
Jersey Economic Development Authority established pursuant to section 4 of 
P.L.1974, c.80 (C.34:1B-4).

���� �Department� means the 
Department of Environmental Protection. 

���� �Fund� or �revolving loan 
fund� means the �Small Business Resiliency Project Loan Fund� established 
pursuant to section 3 of P.L.������ , c.������� (C.����������� ) (pending 
before the Legislature as this bill).

���� �Program� means the Small 
Business Resiliency Project Loan Program established pursuant to section 2 of 
P.L.���� , c.������ (C. ) 
(pending before the Legislature as this bill).

���� �Qualified business� means a 
business that:

���� a.���� is registered to do 
business in this State with the Director of the Division of Revenue and 
Enterprise Services in the Department of the Treasury;

���� b.��� intends to maintain its 
principal business operations in the State after receiving assistance from the 
authority under the program; and

���� c.���� employs not more than 
50 full-time employees at the time of approval of financial assistance to the 
business.

���� �Resiliency project� means 
projects or activities, which may include, but not be limited to, projects or 
activities that improve or support the treatment or management of drinking 
water, wastewater, and storm water; enhance the reliability and resiliency of 
the electrical grid and public utility infrastructure; expand access to 
broadband internet; or utilize technology, infrastructure improvements, and 
other materials that mitigate against or protect the business in the event of 
climate change-related natural hazards, including, but not limited to, 
increased temperatures, drought, flooding, hurricanes, and sea-level rise. 

���� 2.��� a.� The New Jersey 
Economic Development Authority shall establish and maintain the Small Business 
Resiliency Project Loan Program for the purpose of providing financial 
assistance from the Small Business Resiliency Project Loan Fund, established 
pursuant to section 3 of P.L.���� , c.�� (C.������� ) (pending before the 
Legislature as this bill), to qualified businesses that are engaging in or have 
completed resiliency projects to mitigate the risk of future storm damage and 
improve environmental resiliency against climate change-related natural 
hazards.

���� b.��� Under the program, the 
authority shall provide financial assistance in the form of low-interest loans 
for qualified businesses that are engaging in or have completed resiliency 
projects, with priority consideration, as determined by the authority in 
consultation with the Department of Environmental Protection, given to a 
qualified business based on the long-term impact of the qualified business on 
the State economy, the type of resiliency project, and whether the principal 
business operations of the qualified business are located in a municipality of 
the State that has incorporated a climate change-related hazard vulnerability 
assessment into the land use plan element of the municipality�s master plan. ��

���� c.���� A qualified business 
that seeks assistance under the loan program shall submit an application to the 
authority in a form and manner prescribed by the authority.� In addition to any 
other information that the authority may deem appropriate, the application shall 
require the qualified business applicant to submit:

���� (1)�� proof that it is a 
qualified business engaging in or has completed a resiliency project, as 
defined in section 1 of P.L.��� , c.���� (C.������ ) (pending before the 
Legislature as this bill); and

���� (2)�� an outline of the 
anticipated use of loan proceeds.� 

���� d.��� The authority may 
approve applications for the loan program on a rolling basis or on one or more 
dates set by the authority, subject to the availability of funds in the 
revolving loan fund.� Upon approval of an application, the authority shall 
enter into a loan agreement with the qualified business and provide a 
low-interest loan to the qualified business. �Each loan issued under the 
program shall bear interest at rates lower than and provide more flexible 
repayment terms than are customarily made available th